• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Commodity Channel Index(12) crossing over 9 EMA formula

Commodity Channel Index(12) crossing over 9 EMA formula Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
jonedyer
Posted : Thursday, March 11, 2010 9:39:50 PM
Registered User
Joined: 12/10/2004
Posts: 14
 Can a PCF be written to scan for Commodity Channel Index(12) crossing over its 9 day EMA?  Maybe an excellent buy signal.  Thanks for any help,  Jon
Back to top
Bruce_L
Posted : Friday, March 12, 2010 8:57:25 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 I really can't think of a way to make the Personal Criteria Formula short enough to be practical in TeleChart (it is fairly simple to check for this in StockFinder). You would need to substitute the appropriate Bars Ago versions of:

(H + L + C - AVGH12 - AVGL12 - AVGC12) * 2400 / 3 / (ABS(H + L + C - AVGH12 - AVGL12 - AVGC12) + ABS(H1 + L1 + C1 - AVGH12 - AVGL12 - AVGC12) + ABS(H2 + L2 + C2 - AVGH12 - AVGL12 - AVGC12) + ABS(H3 + L3 + C3 - AVGH12 - AVGL12 - AVGC12) + ABS(H4 + L4 + C4 - AVGH12 - AVGL12 - AVGC12) + ABS(H5 + L5 + C5 - AVGH12 - AVGL12 - AVGC12) + ABS(H6 + L6 + C6 - AVGH12 - AVGL12 - AVGC12) + ABS(H7 + L7 + C7 - AVGH12 - AVGL12 - AVGC12) + ABS(H8 + L8 + C8 - AVGH12 - AVGL12 - AVGC12) + ABS(H9 + L9 + C9 - AVGH12 - AVGL12 - AVGC12) + ABS(H10 + L10 + C10 - AVGH12 - AVGL12 - AVGC12) + ABS(H11 + L11 + C11 - AVGH12 - AVGL12 - AVGC12) + .000001)

Into the following formula 31 times to replace all of the Cs:

.200198266760174 * (C + .8 * (C1 + .8 * (C2 + .8 * (C3 + .8 * (C4 + .8 * (C5 + .8 * (C6 + .8 * (C7 + .8 * (C8 + .8 * (C9 + .8 * (C10 + .8 * (C11 + .8 * (C12 + .8 * (C13 + .8 * (C14 + .8 * (C15 + .8 * (C16 + .8 * (C17 + .8 * (C18 + .8 * (C19 + .8 * (C20 + .8 * (C21 + .8 * (C22 + .8 * (C23 + .8 * (C24 + .8 * (C25 + .8 * (C26 + .8 * (C27 + .8 * (C28 + .8 * (C29 + .8 * (C30)))))))))))))))))))))))))))))))

And you would need to do this both for today and for yesterday so you could compare it to both the current and previous values (for a total of 64 instances of the CCI12 formula). The resulting formula would be quite long.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.